The world's largest copper mine just shut down completely — no restart date 🔴
Escondida halted after a worker fatality. Only 39 days of global copper supply sit in LME warehouses right now. Chile already down 6.6% in H1. This is the Q4 story to watch.
#copper#Escondida#BHP#Chile#mining
Generation Mining just locked in a $1.3B financing package and a Glencore smelter deal for its Ontario copper-palladium mine 🔴
Concentrate heads to Glencore's Horne smelter in Quebec. Construction targeted for Q4 2026. A blueprint for junior copper developers.
#copper#Glencore#mining#Ontario#commodities
Mongolia just secured a $5 billion better deal from Rio Tinto on the Oyu Tolgoi copper mine 🔴
Lower management fees, reduced loan interest, and dividends now starting in 2027 instead of years later. A year of protests and disputes just paid off.
#copper#RioTinto#Mongolia#mining#commodities
Copper just erased 10 weeks of gains in a single session 🔴
Record high of $14,875/tonne on Thursday morning. Crashed nearly 5% hours later when the White House shelved its refined copper tariff decision. First weekly loss since June.
#copper#coppertariff#COMEX#mining#commodities
Copper hit an all-time record high this morning — then crashed nearly 5% within hours on reports Trump may scrap refined copper tariffs 🔴
A year of tariff-driven stockpiling could now unwind fast. One of the biggest repricing events copper has seen in years.
#copper#coppertariff#Trump#mining#commodities
Copper just hit its second straight record high — $14,617/tonne on the LME 🔴
Global mine output barely grew in H1 2026. US tariff fears keep draining LME warehouses. Even Glencore's CEO says only a tariff decision can cool this rally.
#copper#coppertariff#LME#mining#Commodities
Anglo American and Teck just set the closing clock on their $53B copper merger — could finalize within weeks 🔴
Only China and South Korea approvals remain. Once cleared, the combined Anglo Teck becomes a top-five global copper producer pumping out 1.2M tonnes a year.
#copper#AngloTeck#mining#commodities
Codelco just posted a 4x profit surge — but produced 11% less copper and quietly dropped its full-year output target 🔴
Chile reinvested all $2.4B of Codelco's 2025 profits back into the company. The world's biggest copper producer is making more money and mining less. That's a warning signal.
#copper#Codelco#Chile#mining#commodities
Copper just hit an all-time record in New York — but there's no global shortage 🔴
US tariff fears redirected so much copper into American warehouses that a projected 639,000-tonne global surplus has been wiped out. The rest of the world is now running short.
#copper#coppertariff#COMEX#mining#commodities
Zijin Mining just warned its share of Kamoa-Kakula production could fall 57,000 tonnes this year 🔴
The world's #2 copper mine was supposed to ease the global supply crunch. Instead the shortfall is widening — and the market can least afford it right now.
#copper#KamoaKakula#Zijin#mining#commodities
BHP just made history — copper generated $18.2B in EBITDA at a 70% margin, surpassing iron ore as the #1 earnings driver for the first time ever 🔴
Self-funded plan to grow copper production 50% by mid-2030s. Escondida, Vicuña, and Copper SA all advancing.
#copper#BHP#mining#commodities#investing
The LME copper squeeze just hit its most extreme level since 2021 — cash-to-3-month spread at $543/tonne 🔴
Inventories falling 42 straight days. Less than 1 day of global demand left in LME storage. Every supply warning from the past 3 months is converging at once.
#copper#LME#coppersqueeze#mining#commodities
China's copper smelters can't get enough raw materials — output set to fall for the 2nd straight month 🔴
TC/RCs hit a record low of minus $175/tonne. Chile cut its national output forecast. Codelco abandoned its production target. Three supply failures at once.
#copper#China#Codelco#mining#commodities
The DRC banned copper exports, Codelco suspended its biggest mine expansion, and copper hit a 6-month high — all in the same week 🔴
Three massive supply stories pointing in the same direction. The global copper squeeze is getting real.
#copper#DRC#Codelco#mining#Commodities#tariff
The US just imported a record 200,000 tonnes of copper in July — all waiting on one overdue Trump tariff decision 🔴
740,000 tonnes now sitting in US warehouses. LME stocks at multi-month lows. Morgan Stanley puts 43% odds on a 15-30% refined copper tariff starting 2027.
#copper#tariff#Trump#mining#commodities
Capstone Copper just posted its 7th straight record quarter — $354M in adjusted EBITDA, up 64% YoY🔴
Mantoverde running 13% above design capacity. Santo Domingo FID coming Q4 2026. 70% production growth on the horizon.
#copper#RWA#EBITDA#mining#commodities#investing
Anglo American just reported $2.9B in copper earnings at a 60% margin — and tripled its dividend 🔴
The Anglo-Teck merger closes between September 2026 and March 2027. When it does, it becomes one of the biggest copper portfolios on earth.
#copper#AngloAmerican#mining#commodities#investing
Hudbay Minerals just got the final permit for a fully shovel-ready $1.7B Arizona copper mine 🔴
85,000 tonnes/year. All output earmarked for US buyers. Section 232 tariffs make this the perfect moment to build.
#copper#Hudbay#mining#coppertariff#commodities
China just created a copper supply squeeze — not from demand, but from a government tax crackdown that wiped out the scrap supply chain 🔴
Yangshan copper premium hit $100/tonne, a 14-month high. Goldman Sachs is watching closely.
#copper#China#mining#commodities#investing